I've been accumulating since the spring of 2020 from $0,025-0,03 and trading between $0,04 & $0,06 then between $0,075 & $ 0,095 so that I'm confortable at this level with a sizeable position @ $0,03/sh of capital invested.
That's the posture I aim at with a highly speculative turnaround play which TKX is. I may be able to exit without lost in case of a failure and I have maximum leverage on a blue sky potential.
"Volume precedes price" the rule says. With this demand of the stock, a simple weakening of the offer would do it.
My last trades were "buys" under $0,10 and I raised my selling range. My bias is to accumulate. The odds of much higher prices are good and improving (excluding macro risks).
I think that we are "ready to go".
Zario